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Economic Pulse

Economic Pulse

July 2019

The Bank of Ireland Economic Pulse came in at 82.8 in July 2019. The index, which combines the results of the Consumer and Business Pulses, was down 7.9 on last month and 10.8 lower than a year ago.

With the emergence of Boris Johnson as the favourite to win the Conservative Party leadership contest and succeed Theresa May as UK Prime Minister raising fears of a no deal Brexit on October 31st, and the government here upping its preparations for such a contingency, the mood music was downbeat this month and contributed to a broad based softening in sentiment across households and firms.

Economic Pulse

July 2019

KEY POINTS

  • Economic Pulse falls sharply in July
  • New low for the series
  • Consumer and business confidence both down

Economic Pulse

July 2019

Economic Pulse

July 2019

82.8

-7.9 on previous index reading

Economic Pulse

July 2019

“The Economic Pulse took a hit in July as the potential ramifications of political developments across the water unsettled households and firms alike.”

 

Dr Loretta O’Sullivan
Group Chief Economist
Bank of Ireland

Economic Pulse

July 2019

Pulse Trends

 

 

Economic Pulse

July 2019

Making the economic Pulse